Credila Financial Services Complaints & Reviews

My manager by name Harshavardhana Rao as been cheated me by promising me that he will give offer letter after joining the compnay.He never turn back till date and he never allow me to talk to the concern person.Inspite of call ing to HR I never got any response from them.This company will gives silly reason that they will give the offer letter after we complete 1 month and its been 4 months (date of Joining 9th OCT 2013) till now I have not...

I don't know how they (Credila) operate in such lackadaisical manner. I was initially (in Aug 2012) sanctioned the education loan in Delhi (after numerous rounds of discussion, document submissions and collateral proofs along with co-borrowers) for higher education. On the basis of this sanctioning, I started pursuing my masters in the US in the same month. After a few months, for their own reasons, they decided to decline my application...

Hi, These people are only interested in getting the processing fee from everyone. They donot know what is required and not required for the loan processing. They are very friendly and show that they are geninue till the time they receive your processing fee, after that they will look for ways to dealy or cancel the loan. Regards, Jagadeeswara Reddy...

Dear Ripal Kumar Seth, Trust you are doing good and this mail reaches you in good health & spirits !!! This mail is pertaining to bring to your notice on my bad experience with HDFC credila department. Considering the good experience and service of HDFC banking department I was very much eager and sure regarding the credila services too. Thanks to few executives who proved me wrong. I had approached your representatives of Andheri branch...

I had applied for Education loan for my Wife’s Post Gradution studies in Maters of Engineering almost 2 months back. I had submitted all documents then Loan was at verge of approval but suddenly they told me that there is some problem in my CBILL.I told them that it is fake issue already reflecting in my CBILL I had already raised complaint regarding same in Consumer Court. Also my Home loan is running smoothly since 5-6 yrs which they...

I had applied for an educational loan through Credila on reference from an NGO Organization. Initially the plan looked wonderful and I skipped applications to all other banks when I was told that I would get the sanction within 7 days by Mr. Siddhesh & Mr.Tushar at Parel branch.
To my shock :

The repayment terms were changed and I was told after 5 days that I would have to start repaying for my loan immediately...

Dear sir/madam,

I have applied for an education loan to study MS from USA from
Credila Financial Services, Pvt. Ltd.
3rd Floor, Damodar Hall Building,
Dr. Babasaheb Ambedkar Road,
Parel (East),
Mumbai 400 012, India
Email: [protected]@credila.com
From: Mr.Anand Kharat
[protected]@credila.com
[protected] / [protected]
in the month of February 2013.
I have been receiving...

I needed a student loan and approached Credila for the same.
However, it is BIG BIG disappointment the way I have been given service from Credila.

First representative that I was assigned was Mr. Harshavardhan Rao. For consecutive three days he or someone from his team made false commitment that they will come to my house but they never did. It was a sheer waste of my time waiting for each one of them for all those three...

Dear All,


we have applied for the loan in credila Educational loan one back. after completing all the formailites ask the credila now they simply send the mail stating that the loan is Non approval becuase of Some norms and conditon of the banks there are not given any specify answer for what reason it has been rejected or etc just wasting the time of the students and parents...

I'm a recepient of pre-approved Education Loan from Credila for pursuing EPGP04 course from Indian Institute of Management, Kozhikode. My 4th instalment fees are due on 20th June '12. But till now nobody from HDFC have got back regarding Agreement Copy for disbursing loan amount through netbanking. I know somebody from Credila called Sundar Dhuri whose response is nothing short of pathetic. Whenever I have called him he doesnt answer,...

CHEATING BY CREDILA EXECUTIVE----"

Dear Sir,
I applied for education loan for MBA in "Lal bahadur shastri institute of
management" New Delhi and Miss. Shruti Goel, one of Credila employee was handling my case. It s a very shocking for
me that most of the conditions mentioned below related to loan were hidden in the beginning and not disclosed and
just when the loan got sanctioned...

Following is the continuation of earlier complaint thru' this forum. HDFC has partly that too incompletely resolved the complaint of non-receipt of Loan agreement post disbursal of full loan amount. Secondly, the working formula for hike in EMI from Rs 9000 pm to 9500 pm is not provided despite promise by Mr Amit of HDFC credia. More details in the following letter.
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i approached credila twice,,initially some lady at andheri branch told me it was easy to get loan, probably in 3 weeks but she just didn't care in offering any support,later on saying of my friend I went back to them and with kind support of some other guy he cracked my problem just before when it was required(15-20 days)...thkz to "anand kharat",,,,,he made me to study and pursue my higher education,,,,thkz buddy once again...

It is almost one and half year passed I am engaged with Credila through education loan and I found this service best so far. I still remember, in 2010 I was looking for a education loan and to get knowledge about different services, I was surfing internet blogs, talking to people about their experiences with their banks for loan etc etc and almost everyone gave negative responses. I have also tried that time SBI, ICICI etc. but I was not...

From :
Hitendra Mehta
A/201, Seeta Mahal
5th Kasturba Road
Borivali (East)
Mumbai – 400 066
Cell :[protected] E-mail : [protected]@rediffmail.com
[protected][protected][protected][protected][protected][protected]
October 15, 2011

To,
Credila Financial services Pvt Ltd
B-301, Citi Point, Andheri-Kurla...

Message Body
This mail is in reference to the education loan I was willing to take from HDFC Credila Bank Ahmedabad Branch and its manager is Abhinay Vyas ([protected])

However, due to the tedious procedure, inaction from Credila representatives even after submitting all the details asked for, non-disclosure of all the relevant costs to the borrower and the inconvenience caused to me and my family, we decided not to get...

Dear Sir,

I have got Education Loan of Rs 8 lacs sanctioned from HDFC Credila, Mumbai for my son for overseas studies. I was not required to provide any collateral.and they have charged higher rate as it falls under the category o[censored]nsecured loan.

On taking the disbursement, I have given post dated cheques as part of documentation. I was also required to make payment to HDFC ERGO for taking insurance cover for...

I have taken Education loan from Credila financial Services. But their services are very poor. They never deposit the college fees on time whenever requested by me. This has now happened for second consecutive time now. They don't deposit the fee on time and due to which I have to face fines and penalties from my college. Their representative Mr. Sunil in Jaipur doesn't even reply on time and even disconnects my calls most of the...

very year number of stduents,collegians and professionals in india pursue higher studies or MBA in India or abroad. Famous destinations like USA, Canada, UK and Europe have great quality of life and education to fulfill their dreams. As the educational expenses around the globe continue to grow ,they require some form of financial aid or loan. However, there are number of loan approving bodies in India and US both. In USA, usually federal...

Hello

I have applied for an education loan through the Credila Education Loan Services by HDFC about a month ago. The representative, Mr Chandu, came home and collected the documents as if he and the entire organization was very much happy to help us. He said he would let us know about the status of the loan within 10 days and there after any more required documents with regards to the collateral can be submitted. Trusting...